Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of antiviral and antiparkinsonian drugs. Its rigid adamantane backbone enhances lipophilicity and metabolic stability, making it valuable in drug design for improving bioavailability and blood-brain barrier penetration. Commonly employed in the development of dopamine agonists and neuroprotective agents. Also utilized in research settings for exploring structure-activity relationships in central nervous system-targeted therapeutics.